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1903 Orchid Avenue

Los Angeles (City), CA 90068
  • $12,700,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 24357281
UPDATED: 198 min ago
$12,700,000
  • 18
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,573
    SQFT
  • $1,201
    $/SQFT
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Kenny Stevens of Compass (310-230-5478) and Alyson Richards of Compass(310-230-5478)


Description

Welcome to Las Orquideas, a historic Andalusian garden village built in 1929 by Wilfred Buckland, and immaculately restored by Howell & Padgett in 2019, whose previous works include the iconic Torre del Moro condos in Beachwood Canyon. Las Orquideas perfectly retains that signature glamour of Hollywood's Golden Age while offering modern and luxurious amenities of a new construction property. Perched in the foothills of the Hollywood Hills, this compound has five villa-like structures consisting of nine units and a flex space. This whimsical complex was designed in the early days of Hollywood's Golden Era by Wilfred Buckland, Cecil B. DeMille's frequent art director. Buckland, the original owner, developed the property as a replica of a Spanish hill town with ascending walkways, connecting gardens, and intimate plazas. An abundance of lush mature landscaping lines the stone walkways. Each villa-like structure is covered in coral-colored stucco and features original architectural period details such as interior arches, beamed ceilings, fireplaces, wood floors, and stained glass. Lofty ceiling heights and oversized windows bring in much natural light. A remodel of each unit was completed several years ago with strict attention to retaining each unit's strict authentic integrity and character. Modern updates include custom cabinetry, stainless steel appliances, and an in-unit washer and dryer. Several units feature private patios or balconies overlooking Hollywood Blvd. and the city. Las Orquideas is a Mills Act property with a financial incentive for historic preservation, offering property tax savings for owners who invest in rehabilitating historic buildings. Las Orquideas is part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147552479
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1903 Orchid Avenue Los Angeles (City), CA 90068

  • Price: $12,700,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 198 min ago
  • ID#: 24357281
18
Beds
0
Baths
0
½ Baths
0.35
Acres
10,573
SQFT
$1,201
$/SQFT
1929
Built
Neighborhood:
C03 - Sunset Strip - Hollywood Hills West
County:
Los Angeles
Area:
C03 - Sunset Strip - Hollywood Hills West
Property Description
Welcome to Las Orquideas, a historic Andalusian garden village built in 1929 by Wilfred Buckland, and immaculately restored by Howell & Padgett in 2019, whose previous works include the iconic Torre del Moro condos in Beachwood Canyon. Las Orquideas perfectly retains that signature glamour of Hollywood's Golden Age while offering modern and luxurious amenities of a new construction property. Perched in the foothills of the Hollywood Hills, this compound has five villa-like structures consisting of nine units and a flex space. This whimsical complex was designed in the early days of Hollywood's Golden Era by Wilfred Buckland, Cecil B. DeMille's frequent art director. Buckland, the original owner, developed the property as a replica of a Spanish hill town with ascending walkways, connecting gardens, and intimate plazas. An abundance of lush mature landscaping lines the stone walkways. Each villa-like structure is covered in coral-colored stucco and features original architectural period details such as interior arches, beamed ceilings, fireplaces, wood floors, and stained glass. Lofty ceiling heights and oversized windows bring in much natural light. A remodel of each unit was completed several years ago with strict attention to retaining each unit's strict authentic integrity and character. Modern updates include custom cabinetry, stainless steel appliances, and an in-unit washer and dryer. Several units feature private patios or balconies overlooking Hollywood Blvd. and the city. Las Orquideas is a Mills Act property with a financial incentive for historic preservation, offering property tax savings for owners who invest in rehabilitating historic buildings. Las Orquideas is part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles.
Exterior Features

Architectural Style Spanish Parking Features Door-SingleGarageSide By SideUncovered Parking Total 14 View City LightsHills View YN Yes

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Fireplace Features Living Room Fireplace YN Yes Flooring TileWood

Property Features

Additional Parcels YN No Association YN No Community Features Gated Gross Income 579996 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 452667 New Construction YN No Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated CommunityKey Card Entry Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372392281-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372392281-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372392281-2.jpg
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Kenny Stevens of Compass (310-230-5478) and Alyson Richards of Compass(310-230-5478)